Watching the projects on Berachain gives you the impression that the projects here don't follow conventional scriptwriting.
The most typical example is the recent @BoogaBullas, which is a deflationary NFT.
Logically speaking, given the current market heat, it should take a long time to mint without anyone caring, but they sold out in seconds during the second phase.
But the truly outrageous part comes afterward; finishing the mint is not the end, it's the beginning.
Because this project has no team allocation, nor investor shares, all minting proceeds go directly into the treasury. The treasury isn't just sitting idle; it converts everything into $iBGT and is directly moved into Infrared, enjoying a 75% APR.
Then every month, like a diligent worker, it reports on time: convert the earnings into
$BERA ; sweep the floors; burn a batch; and place orders for arbitrage.
It's that kind of rhythm that looks simple but is executed with great diligence.
10% transaction fees on-chain are also fully reinvested into the mechanism: 7% to buy $iBGT, 1.5% to burn Bullas, and 1.5% to burn Beras.
The thrill of money not passing through the project team and being poured into their own NFT is indeed quite Berachain.
Supplies are continually burned, the treasury keeps getting thicker, and the floor price is naturally pushed upwards.
Booga Bullas is actually the most typical ecological microcosm of Berachain, doing serious business very seriously while maintaining a naturally unserious vibe.
You might think everything seems casual, yet every link is intricately connected.
It's funny, but the mechanism is solid. Self-deprecating humor aside, the treasury is truly increasing.
This kind of interesting project can only be seen on Berachain.
$BERA #berachain